HLG - Hallenstein Glassons Holdings

Started by winner (n), Oct 03, 2022, 01:26 PM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

Print
Go Down Pages 1 ... 41 42 43 44 45 ... 136
User actions

winner (n)

#630
Apr 19, 2023, 04:32 PM
In town today and did a seeweed and popped into the Glassons store .....a Hallensteins store is in same store

Talked to chatty Glassons lady and asked how things going ..........been a quiet month and slack as since school holidays started

Probably doesn't mean much ...... maybe chicks don't buy clothes in April.

Basil

#631
Apr 19, 2023, 05:45 PM
Should management be worried about you older guys going into Glassons stores and chatting up the nice young staff  ;)

winner (n)

#632
Apr 19, 2023, 05:52 PM
Quote from: Basil on Apr 19, 2023, 05:45 PMShould management be worried about you older guys going into Glassons stores and chatting up the nice young staff  ;)


No worries ....disclose I'm a proud shareholder who pays their wages.

Basil

#633
Apr 19, 2023, 06:09 PM
Quote from: winner (n) on Apr 19, 2023, 05:52 PMNo worries ....disclose I'm a proud shareholder who pays their wages.

Good for you mate.  Hope you bought something while there for your kids / grandkids.
Glassons gift vouchers are cool, my family like getting those.
Good to reinvest some of that huge dividend 👍

Whome

#634
Apr 19, 2023, 08:33 PM
Quote from: Basil on Apr 19, 2023, 05:45 PMShould management be worried about you older guys going into Glassons stores and chatting up the nice young staff  ;)

Had cause to sit outside the Glassons store at Botany Centre, East Auckland yesterday for about 30 mins. I was the old guy enjoying a Green Tea ice-cream (recommended). It was interesting to see how staff quickly engaged people walking in and over a short time period soon to be walking out clutching a purchase in a Glassons environment friendly brown paper bag. Even if not a long time period, good to see that staff initiated customer engagement.

Waltzing

#635
Apr 20, 2023, 11:14 AM
Inflation in and some very nice pastel colors in the graph upping the artistic high bar to graphing....

This is good news for retail?

https://www.nzherald.co.nz/business/the-big-inflation-number-have-price-hikes-peaked/IONZRQFMQRGYLGL3S7PVXJCZ2Y/

Basil

#636
Apr 20, 2023, 11:50 AM Last Edit: Apr 20, 2023, 11:52 AM by Basil
Yes I think the way HLG staff have been trained to positively interact in a non-pushy but very helpful and professional way with customers is one of the key ingredients to their success.    Not sure at all about your green tea ice-cream Whome.  Mrs Hound and I are absolutely love the quality and taste of this stuff.   Try some, trust me, you won't be disappointed! https://www.killinchygold.co.nz/English/Flavours/corerange/Maple+Syrup+Walnut.html
Its not cheap, but real quality never is.

Great to see Inflation starting to cool a little.  It will take time to come down further.



winner (n)

#637
Apr 20, 2023, 01:36 PM
Hlg said "Margin was pressured during the season by the USD exchange rate"

That CPI print today sent NZD tumbling

Basil

#638
Apr 20, 2023, 02:03 PM
I think a lot of stock in the first half FY23 was ordered when the exchange rate was a bit south of 60 cents so I don't see the current exchange rate as much of a headwind.  (we're currently with a few cents of the 10 year average against the US)
Shipping costs coming down will help in the current half.

Can you tell me a bit more about the combined Hallensteins / Glassons store ?  Obviously there's two different parts to the store but how does that work in terms of signage inside the store if any ?  Just curious how they format the store.  I haven't seen one of those combined stores before.  I guess this might be a sign of their future strategy in terms of raising efficiency with store costs.

I might head down to the annual meeting in December and pick their brains a bit after the meeting with future strategy.

winner (n)

#639
Apr 20, 2023, 02:23 PM
Works in Wellington with Hallensteins up on the first floor while Glassons have 'prime' ground floor space.

Basil

#640
Apr 20, 2023, 03:12 PM
Thanks mate, I can see how that would easily work.  I guess it could be made to work if all on the same level if there were 2 separate area's / 2 changing rooms.

Waltzing

#641
Apr 23, 2023, 09:08 AM Last Edit: Apr 23, 2023, 09:11 AM by Waltzing
With over 5000 Kiwi nurses now registered in AUS and more Kiwis heading there one of the places they might take their young teens shopping could be glassons...

Maybe HLG just saw the writing on the wall sooner than the LBA GOVT here....

You can make up anything you like for (LBA) ...

https://www.youtube.com/watch?v=UbiQjJ6s2x0

Really is there any reason for holding a large number of NZ only stocks with no AUS exposure?

https://www.stuff.co.nz/national/politics/opinion/300859931/the-very-big-fish-hook-in-aussies-transtasman-citizenship-deal

Waltzing

#642
Apr 24, 2023, 06:02 PM
Come on people ... moving on up ... clap yr hands.. stamp your feet ...

https://www.youtube.com/watch?v=zkHOVJINRD8

Basil

#643
Apr 24, 2023, 07:15 PM
Yeap, WHS and HLG share prices definitely going their own way in recent months !
https://www.youtube.com/watch?v=p8Ojjn35kP8
Oh the irony if WHS get booted out of the NZX50 index to be replaced by HLG ;)
Print
Go Up Pages 1 ... 41 42 43 44 45 ... 136
User actions